East Africa or Eastern Africa is the eastern region of the African continent, variably defined by geography. In the United Nations Statistics Division scheme of geographic regions, 20 territories make up Eastern Africa: Tanzania, Kenya, Uganda, Rwanda, Burundi and South Sudan are members of the East African Community (EAC).
Juste ainsi,What is the economy like in Africa?
Economy of Africa. The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. As of 2019, approximately 1.3 billion people were living in 54 different countries in Africa. Africa is a resource-rich continent. Recent growth has been due to growth in sales in commodities, services, and manufacturing.
de la même manière,Which countries in East Africa have a developing economy?
All of the countries in East Africa have developing economies, though some countries in the subregion are more developed than others. Kenya has East Africa’s biggest economy, valued at US$101.05 billion in 2020. Not far behind is Ethiopia, which had a total GDP of US$95.59 billion in the same year.
En ce qui concerne ce,What is the economic growth rate in East Africa?
In 2018, real GDP in East Africa grew by an estimated 5. 7 percent, slightly less than the 5. 9 percent in 2017 and the highest among African regions. Economic growth is projected to remain strong, at 5. 9 percent in 2019 and 6. 1 percent in 2020. The countries with the highest economic growth are Ethiopia, Rwanda, Tanzania, Kenya, and Djibouti.
What is the Economic Area of East Africa?
The EAC is home to 172 million citizens, of which over 22% is urban population. With a land area of 2.5 million square kilometres and a combined Gross Domestic Product of US$ 172 billion (EAC Statistics for 2017), its realisation bears great strategic and geopolitical significance and prospects for the renewed and reinvigorated EAC.
Where is the East African community located?
East African Community. The East African Community (EAC) is an intergovernmental organization composed of six countries in the African Great Lakes region in eastern Africa: Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda.
What is the abbreviation for East African Community?
EAC at A Glance. The East African Community (EAC) is a regional intergovernmental organisation of six (6) Partner States, comprising Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda, with its headquarters in Arusha, Tanzania.